How to fill out IRS Form W4 2021 Fast

April 8, 2021   |   by admin

How to fill out IRS Form W4 2021 Fast in this video i'm going to go through the fastest way to do the irs form w-4 for 2021. now this is the most updated irs form w-4 so this is the one that you want to, complete if you're filling. Out the iris form w-4 for 2021 now this method is not going to work for every situation but don't worry i have a ton of other videos on the irs forum w4 and i'll continue to, do more videos on. The different variations and different versions of all the questions that you have with the irs forum w4 now take a minute go into the comments let me know what your filing, status is whether it's single married filing jointly head of household and if there are any, situations that you have a question on or want to know a little bit more about on how to correctly fill out the irs form w4 for 2021. Now before we get into it if this is your first time at our channel or you, haven't subscribed click on the subscribe button at the bottom my name is travis sickle certified, financial planner helping you reach your financial goals now i'm going to go ahead and pull it up on, the screen and again this is the fastest way it's not going to work for everybody but don't worry we have other videos on. The irs form w-4 and i'll do more on the iris form w-4, for 2021 so let's go ahead and pull it up on the screen and let's go through it together and i'll point out exactly what to fill out and where you're, going to need to do a little bit more work if your situation calls for it so. Let's go ahead and pull it up on. The screen so here is the iris form w4 for 2021 and this is the updated version now in step one you're going to be putting in your basic information so your first name.

Your last name your social security number your address and then in section c it's going to be your filing status so single married. Filing separately married filing jointly qualified widower or head of household so go ahead. And put whatever applies to your filing status now in this next part it says complete steps two through four only. If they apply to you otherwise skip to step five so what applies to you well if you're married or, you have multiple jobs and your spouse has a job then you're gonna fill out step, two but there's an easier way so let's continue to go forward on step three if you, have any dependents you're gonna go ahead and fill that out now if you have dependents and you're not taking any other credits or deductions you can complete step three.

And continue on this simplified version or the, quick way to fill out the irs form w-4 but if you have other credits or deductions or, need additional withholdings then you're going to want to look a little bit further into making sure this is filled out correctly but again if you're single don't have any dependents or married filing jointly and, don't have any dependents and your spouse doesn't doesn't have a.

Job and only you do you only have one job then this is a really easy way of doing it otherwise you're, going to want to take additional steps and watch some of my other, videos to make sure that you're filling this out correctly now if we continue to go down step five is just signing it, dating it and giving it to your employer and that is it so if you are single or married filing jointly and.

Only have one job so your spouse doesn't work and it's really simple but let's say this is your second job then you're going to, want to again watch another video because you need to make sure that you're withholding the correct amount on the withholdings and, it's not going to capture it by the way we just filled it, out so basically what this is going to do it's going to give.

This to payroll.

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